Govt waives customs duty on Li-ion cells, display and electronics inputs until March 2029
India removed basic customs duty on inputs for display assemblies, lithium-ion cells and inductor coil modules through March 2029, cutting component import costs to boost domestic smartphone, electronics and battery manufacturing and reduce China dependence.
Govt waived basic customs duty on inputs for display assemblies, lithium-ion cells and inductor coil modules until March 2029, cutting component import costs to boost domestic smartphone, electronics and battery manufacturing and reduce China dependence.
Why this matters
The duty waiver lowers input costs for electronics and battery manufacturers, reinforcing India's push to localize production and reduce reliance on Chinese components ahead of the March 2029 sunset.
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